/biz/ - Business & Finance

[Anonymous No.49628209]

I have come across extremely damning information which basically ends Kadenas entire value proposition.

>For people who were unaware,
Kadena claims it solved the scaling problem of cryptocurrencies, the way they explained this actually sounds reasonable, extremely reasonable if I might add, to keep it simple, they claimed they figured out a way to scale horizontally by increasing the amount of chains, this sounds like anyone could do it but the way Kadena was special was the fact that each chain was as secure as every other one, basically keeping security consistent across unlimited numbers of chains - frankly, a crazy statement. People here thought they were geniuses for finding this out before researchers and huge hedge funds. See if you didn't know, most of the VCs in this space are backing Proof of Stake systems which have been proven to not be very scalable, secure or decentralized for that matter, having to scale via L2, centralizing block production and congesting L1. So it was understandable when kadena came along and claimed it could scale L1 and not fall for the PoS meme.

>Here is where things fall apart though.
Kadena claims you can run subsets of the network on multiple nodes, also a crazy innovation, in other "sharded" chains you might need to run the entire network on a single node but with KDA you should be able to split up your node and run any amount of chains on any amount of nodes, this was supposed to help with resources like bandwidth and node requirements for each instance.
Turns out this is a lie.
They have no solution for this, it is in fact an unsolved research problem. Has been for quite a while now, which is why I was surprised to hear them talk about it, see I have a PhD in cloud architecture and distributed systems (I work at Nintendo). So It wasn't hard for me to look through this. It's probably also the reason why VCs and Researchers have not heard of Kadena yet. And likely never will, I'm sorry if you fell for it.

[Anonymous No.49628238]

kda is $1 lol

[Anonymous No.49628386]

That would also explain their brutal pump and dump operation.

[Anonymous No.49628426]

>>49628238
Kadena is babena lol

[Anonymous No.49628623]

Jokes on you we already started a petition to put the price back to $28

[Anonymous No.49629224]

As you know, mr. PhD, you back up claims with evidence, and you haven’t provided anything at all.

[Anonymous No.49629271]

>>49629224
4chinz - srs business.

[Anonymous No.49629294]

>>49628623
You can't just decide an arbitrary price for an asset.

[Anonymous No.49629454]

>>49629294
well now, I'd like to have a word with (you)

[Anonymous No.49629522]

>>49628386
It was pretty obvious that this was a Discord tranny coin through and through. /biz/ was shilled with KDA, but the shilling technique was very unique as it specifically targeted high iq, high income autistic weebs that liked anime. Every single shill post for this coin had a carefully curated anime girl picture to lure autistic retards in like catnip.
It was pretty sinister looking back on it, even I was feel fomo for KDA.

[Anonymous No.49629563]

KDA has destroyed my networth. It is depressing

[Anonymous No.49629792]

>>49629522
>high income autistic weebs
You just outed yourself.

[Anonymous No.49630469]

>>49629792
as what

[Anonymous No.49630555]

>>49630469
A poser. There are no high income autistic weebs. I met dozens of them off grindr and they are all poor.

[Anonymous No.49630784]

>>49630555
>I met dozens of them off grindr
bruh

[Anonymous No.49630810]

>>49628209
>have come across extremely damning information which basically ends Kadenas entire value proposition.
Is it that its a fucking reddit tranny pump and dump? is that the super secret insider info you have uncovered? I am in like 3 normie crypto discords, a few telegram groups, even a facebook group that was originally about gaming, and every one of them has at least one delusional Kadena shill. Its like someone combined all the worst thischangeseverythingsoyface.jpg hype into a single coin everytime they talk. But please continue to post your fake tranny fud against your own coin. Im sure you'll be a woman any day now.

[Anonymous No.49631009]

>>49629294
Tell that to the people who set silvers price

[Anonymous No.49631301]

>>49630810
>thischangeseverythingsoyface.jpg
you are retarded imagine having to cope with your inability to understand simple Blockchain technicals to the point that you just start associating it with boggie men instead of having good arguments against the technicas

[Anonymous No.49632518]

>>49628209

[Anonymous No.49632666]

>>49631301
>retarded baggie
>imagine posting
>muh technicals
Thanks tranny very cool

[Anonymous No.49633086]

>>49632518
w-whats this

[Anonymous No.49633318]

>>49630810
>I am in like 3 normie crypto discords, a few telegram groups, even a facebook group
Loser

[Anonymous No.49633333]

>>49632518
>>49633086
Only the best garden tools manufacturer from sweden, duuuh.

[Anonymous No.49633415]

>>49633333

[Anonymous No.49633420]

and yes I AM samefagging

[Anonymous No.49633583]

o-one sided position makes nft exchange practical

[Anonymous No.49633944]

>>49633583
TELL ME WHAT TO DO

buy cool looking game on the devs website https://youtu.be/NJjifFq1NGY or not? Dev is too greedy to pay steam 30%.
What a fucking idiot, his dumb game would be 100x bigger if it was on steam, instead it's a niche game for autists now.
What do? I wanna try it out but cracks are outdated

[Anonymous No.49633986]

Why doesn't vertical scaling work? Also, will Bitcoin fail once mining incentives run out? Where is my smart sister at?

[Anonymous No.49634074]

>>49633986
>Why doesn't vertical scaling work?
Does google run the entire internet off one single server? Clearly they don't. Vertical scaling doesn't work because it's not only a big centralizing force but also technically not feasible, look at solana for a perfect example. All they can do is 900 tps on a good day.
Bitcoin has a lot of ways out of their situation, maybe change the supply to add tail emissions? Maybe add PoS (yikes)? Maybe create a one way bridge to kadena and have BTC live on KDA as a token?

[Anonymous No.49634094]

>>49633944
n-not releasing on steam is the opposite of being greedy. devs purposely slash their sells for a fair and respectful distribution
no idea what you should do

[Anonymous No.49634152]

>>49634094
>Steam takes a 30% cut of the profits, which we see as unreasonably high, and leaving us developers with not much after the 5% transaction costs, 20% VAT and ~25% income tax deductions. - https://www.vintagestory.at/features/faq.html/
Greedy fucks

[Anonymous No.49634328]

>unreasonably high
should I support greedy people or not

[Anonymous No.49634422]

>>49634328
>y avoids z because y considers z to be too greedy
>x avoids y because x considers y to be greedy in avoidance of z
>x: >should I support greedy people or not

[translation No.49634446]

>dev avoids steam because anon considers steam to be too greedy
>anon avoids dev because anon considers dev to be greedy in avoidance of steam
>anon : >should I support greedy people or not

[Anonymous No.49634499]

>>49628209
>Kadena claims it solved the scaling problem of cryptocurrencies

Any L1 that claims this is a scam.

[Anonymous No.49634550]

Dev even wanted a billing address, I put in some fake bullshit, fuck greedy devs

[Anonymous No.49634592]

w-why not use itch.io
they are probably legally required ti

[Anonymous No.49634744]

>>49634592
>why not use itch.io
fuck, I'm so mad right now

[Anonymous No.49634819]

>>49629522
>It was pretty obvious that this was a Discord tranny coin through and through. /biz/ was shilled with KDA, but the shilling technique was very unique as it specifically targeted high iq, high income autistic weebs that liked anime. Every single shill post for this coin had a carefully curated anime girl picture to lure autistic retards in like catnip.
Every idiot can see that you are talking about and praising yourself. That's pretty pathetic. Fact is that the operation was pretty low IQ, where idiotic shillers claimed it was a good idea and defensible for the team to rabidly avoid stress testing. Most KDA "investors" did it because the low IQ KDA shillers used VPN creating the illusion that a large chunk of /biz/ was behind the scam. In other words, you scammers appealed to the people that like to enjoy and feel comfortable to part of the mob, i.e. the very opposite of high IQ individuals. Of course, many high IQ individuals would recognize the pump and dump scam and exploit that.

[Anonymous No.49634884]

>>49634499
this time it's different
>>49634819
mtv is a scam

[Anonymous No.49634927]

Sold my DNA.

[Anonymous No.49634950]

>>49634927
How much does sperm donation pay these days?

[Anonymous No.49635161]

>>49634819
>imagine STILL talking about the same picture that has been refuted every single time
lol remember that time the CEO of *** quit on New Years Eve with no warning?

[Anonymous No.49635169]

>>49634884
You are psychotic and incredible stupid. No wonder you cannot survive without your VPN. Deal with it, loser.

[Anonymous No.49635196]

>>49635169
Manlet.

[Anonymous No.49635305]

>>49635161
lol, the low IQ moron could not help himself. Exactly as prediected, >>49635169 he again abusing his VPN, too stupid and weak to have any kind of real conversation.

>>49635196
And of course the ugly and slimy scammers operate in packs, together with their VPN abuse making the illusion for idiots that there is a movement behind this pathetic pump and dump scam.

[Anonymous No.49635328]

>>49635305
poo poo pee pee

[Anonymous No.49635392]

>>49635305
Yes

[Anonymous No.49635399]

I find it funny that all these “KDA is a scam” threads popup almost everyday now. Yes it dropped 90% like all the other shit coins. You shills are really just outing yourselves now. If you all thought that way you would drop it and move onto the next pump n dump. Unless of course you guys actually care about anons financial well being. Which we all know is bullshit. Should have sold it when you had the chance, see you in 5 years when it makes it back to $3
>KDA avg buy in ~$0.77, avg sell price $18.42

[Anonymous No.49635435]

me soon
>KDA avg buy in ~$0.50, avg sell price $777

[Anonymous No.49635513]

>>49635305
or I have been lurking all day long and as soon as I saw you write something retarded I couldn't help but post. I'm trans by the way so please use she/her pronouns, thanks!

[Anonymous No.49635552]

>>49635399
I find it funny that you haven't considered the possibility we will happily talk about the it goes to zero.

[Anonymous No.49635677]

>>49635513
Is it transphobic of me to post this? It isn't remotely funny but I enjoy it as a relic of a simpler time.

[Anonymous No.49635825]

Should I buy more KDA or Flux? Taking into account that I can stack Flux

[Anonymous No.49635866]

>>49635825
Flux, every time more flux, can't have enough flux

[Anonymous No.49635970]

>>49635825
buy xcm right now so i can offload my bags

[Anonymous No.49635987]

>>49635970
You can sell below 60c on the ETH pair now that ETH crashed so much.

[Anonymous No.49636065]

>>49635677
lol'd at the title.
That's perhaps the most boomer comic I've seen. I also enjoy relics of simpler times.
I wonder what inspired him to write that comic. Were there that many ladyboys in blackpool that he felt like he was being chased down by trannies? Or did he see one once and let it live in his head ever since.

>>49635825
Do you mean stake?

>>49635987
What I don't understand is why they didn't do something to support the price when they were raising the floor. Surely it would've made more sense to only support the price to a certain point where they would buy any amount sold and not just until they run out of capital.

[Anonymous No.49636114]

>>49629522
The constant tranime posting was a big red flag for me.

[Anonymous No.49636145]

>>49628209
>(I work at Nintendo)
Did my dad hire you? His name is Satoshi Nakamoto.

[Anonymous No.49636567]

>>49636065
Tranny meant crossdresser as opposed to someone who identifies as a woman when this comic was written according to /vr/.
>>/vr/thread/S8971010#p8971309

>What I don't understand is why they didn't do something to support the price when they were raising the floor. Surely it would've made more sense to only support the price to a certain point where they would buy any amount sold and not just until they run out of capital.
My working theory is they did another private raise higher than the last 180 million public raise and are trying to establish a floor at 60c before unveiling the new valuation. The current non-existent price floor could be seen as a fairer distribution method than the last buyback where they are slowly giving people who want out exit liquidity at what a more than fair price. Whatever they do people are going to complain.

[Anonymous No.49636719]

>>49636567
>at what a
*at a

[Anonymous No.49636727]

>>49636065
>Do you mean stake?
yep, phoneposting.

If I could do it with KDA I would buy more

[Anonymous No.49637883]

>>49628386

[Anonymous No.49638799]

>>49628209
>I work at Nintendo
stop posting and fix the lag in online smash.

[Anonymous No.49638810]

>>49634950
Say something bullish about DNA.

[Anonymous No.49640353]

>>49635435
>sell

[Anonymous No.49640737]

>>49636567
Transvestite used to be a common term, but they were kind of absorbed into the more pop culture relevant umbrella of transsexual. But it all starts with trans so it's all trannies.

[Anonymous No.49642122]

>>49636567
>Tranny meant crossdresser as opposed to someone who identifies as a woman when this comic was written according to /vr/.
That makes sense, very different times now.
>My working theory is they did another private raise higher than the last 180 million public raise and are trying to establish a floor at 60c before unveiling the new valuation.
That's an interesting theory which would certainly explain the rationale, but I'm not sure if I believe that. Would be amazing for Coinmetro if that was the case though, but if so I would assume there would be more buy pressure from insiders.

[Anonymous No.49642950]

>>49628209
OP. What chains do you like? How do we solve the scaling problem?

[Anonymous No.49644480]

>KDA barely worth anything (-95%)
>XCM worth 0 (can't sell)
>frogposter fren left the threads
Despair.

[Anonymous No.49645506]

>>49642950
>What chains do you like?
KDA
>How do we solve the scaling problem?
It's right there in the OP, read it.

[Anonymous No.49646474]

>Crypto Alert: Kadena Update. I'm sorry, I was so wrong about Kadena. The lack of marketing, The lack of Pact documentation, The lack of communication, Kaddex still doesn't have a launch date... and the list goes on. I was wrong about it all and you gotta watch this video to see what I mean when I say I am sorry.
https://youtu.be/9vpzaP83xb0

[Anonymous No.49646592]

>>49646474
I'm gonna to be able buy so many cheapies

[Anonymous No.49646799]

>>49646474
>will and stuart will go down in history possibly with a Nobel Peace Prize
uh

[Anonymous No.49646905]

>>49646799
i-if we have a comfy order out of kadenya its fair

[Anonymous No.49646978]

>>49645506
>Here is where things fall apart though.
>I like KDA

I don't get it?

[Anonymous No.49647012]

>>49646978
>I don't get it?
That part about it not working? I made it up.

[Anonymous No.49647054]

>>49628209
yes it's been 1 year I know that the only networks that matters are: Bitcoin, Ethereum (+ Polygon & Skale), Monero, Algorand

[Anonymous No.49647082]

>>49646474
peak delusion but I love it
T. bought at 75 cents and still hodling

[Anonymous No.49647093]

>>49647054
>(+ Polygon & Skale)
Those are not L2s, those are L1s. Highly Centralized L1s

[Anonymous No.49647161]

>>49628209
>basically keeping security consistent across unlimited numbers of chains - frankly, a crazy statement
PoS l2 chain like SKALE make that happen.
>Proof of Stake systems which have been proven to not be very scalable, secure or decentralized for that matter, having to scale via L2
PoS is shitty is various ways but lmao, it DOES scale retard. Look at Algorand, Polygon, etc. Retard.

[Anonymous No.49647184]

>>49647161
>it DOES scale retard. Look at Algorand, Polygon, etc. Retard.
Algorand scales using big blocks, Polygon scales using big blocks.
Stop making posts you are boring

[Anonymous No.49647186]

>>49628209
Why did you post this thread again

[Anonymous No.49647193]

>>49647161
https://honkyhood11.itch.io/touhou-fumo-racing

[Anonymous No.49647214]

>>49647186
to fix some spelling mistakes plus I think it's funny

[Anonymous No.49647234]

>>49629454
wot dis from ples link

[Anonymous No.49647261]

>>49647012
kek

[Anonymous No.49647292]

>>49647184
so? it's not all about big blocks. It's also about state propagation & sync time. Algorand scales securely & mainly via random subsampling.

[Anonymous No.49647353]

>>49647292
>so? it's not all about big blocks
No it is all about big blocks, the way you SCALE means the ways you make the network handle a lot of data. Algorand does not have a solution to this other than increasing blocktime and centralizing their network even more. Them claiming that is does is equivalent to fraud.
propagation & sync time have nothing to do with how many transactions can fit into a block. I told you to stop making posts you are wasting everyones fucking time.

[Anonymous No.49647450]

bros...it's over. I never thought i see an empty order book on XCM. How could it come this far. I want to sell but i can't i unironically feel scammed.

[Anonymous No.49647481]

>>49647450
>I want to sell
Because? Can you name a reason

[Anonymous No.49647674]

>>49647450
x-xcmies bagwies will owo nowthing

[Anonymous No.49647741]

>>49647674
cute

[Anonymous No.49647864]

>>49647450

[Anonymous No.49648144]

>>49629454
>>49647234
>>49647214
>>49647214
>>49647353
>>49647353
>>49647481
>>49647481
>>49647741
>>49647741
wot dis from wot dis fromn wot dis from wot fisis wfrom

[Anonymous No.49648155]

>>49648144
no comment

[Anonymous No.49648184]

gatekeeper, reported desu

[Anonymous No.49648449]

>>49647450
lmao what a joke

[Anonymous No.49648557]

s-sisters help me make dex so we can save kewon from himself

[Anonymous No.49648695]

>>49647864
Take it from someone who didn’t take any profit: it’s already been killed

[Anonymous No.49648978]

>>49648695

[Anonymous No.49649282]

>>49644480
im still here unless u mean someone else
only here to watch xcm and kda threads and screech at the kadena sisters

[Anonymous No.49649368]

>>49648978
>>49649282
Not to say it won’t comeback from the dead because KDA going past ATH this year even in the bear market is still a very good possibility considering what is lined up

KDA is a great bear market coin in 2022

[Anonymous No.49649459]

>>49649368
well im DCAing but dont have the balls to put in my current capital since i feel it might go down another 50%
looks like the best altcoin bet of them all now

[Anonymous No.49649600]

>>49649368
>considering what is lined up
w-which kadenya project are you most hyped for

[Anonymous No.49649628]

>>49649600
im making a shitcoin will u buy it or should i airdrop

[Anonymous No.49649656]

>>49628209
if you work at nintendo can you make the switch hardware not shit and make mario strikers actually good like the wii one? Thanks.

[Anonymous No.49649716]

>>49649628
w-would invest in legitimate projects but i rarely find anything interesting

[Anonymous No.49649787]

>>49649716
what about a porn token like cummies
would i get grants for that from popjoy

[Anonymous No.49649806]

>>49649600
If I had to pick only one I will say Marmalade

[Anonymous No.49649839]

>>49629522
very true, but i should have bought when this picture was posted

[Anonymous No.49649848]

>>49649839
I edited and posted that pic. AMA

[Anonymous No.49649891]

>>49635196
>>49634884
what am i looking at here? are you guys really (tranny) shills?

[Anonymous No.49649911]

>>49649806
>nobody will ever be hyped for my project
>>49649787
n-no idea anone

[Anonymous No.49649932]

i just ordered a fooking hot escort my god am i excited
it’s like ordering a superb pizza but this time it’s a grill

[Anonymous No.49649976]

>>49649891
>>49649848
nevermind i dont think im smart enough to be here.
its cool that you made that picture i like it btw.
what should i buy next anon

[Anonymous No.49649977]

>>49649932
POST PIC RIGHT NOW, RIGHT NOW

[Anonymous No.49649999]

>>49649977
no she’s mine

[Anonymous No.49650003]

>>49649976
>what should i buy next anon
some xcm and kda

[Anonymous No.49650019]

>>49628209
>I have a PhD in cloud architecture and distributed systems (I work at Nintendo)

So you are behind nintendo's online network? I'm pretty fucking sure you don't know jackshit then

[Anonymous No.49650159]

>>49628209
>cloud architecture
Nigger clouds aren't manmade, they are a natural phenomenon

[Anonymous No.49650173]

>>49650019
cringe
>>49650159
based

[Anonymous No.49650648]

>>49649282
Maybe not you because you're a dumb phoneposter.

[Anonymous No.49650694]

You should airdrop the token like Thanos

[Anonymous No.49650820]

>>49649911
>my project
What’s your project?
Also could you please stop saying kadenya? You’ve been doing it for a while

[Anonymous No.49650924]

>>49650820
Dumb phoneposter.

[Anonymous No.49650956]

babena will soon inherit the chad paradigm

[Anonymous No.49651248]

>>49650924
Kill yourself boomer PC fag

[Anonymous No.49651366]

>>49650820
one sided mwawket mwakew (not vapowawe)
bakadena
>>49529172

[Anonymous No.49651386]

>>49650956
I appreciate babena for what it is - a thought experiment that stuck out its neck when nobody else would but in reality Thanos is a confirmed pre-hrt twink from Canada

[Anonymous No.49651410]

>>49651386
Please ignore

[Anonymous No.49652912]

f-funpost sisters..
>>>/g/87357188

[Anonymous No.49653563]

>>49652912
Sentient AI....

[Anonymous No.49653830]

I really like this soundtrack https://youtu.be/erwu0_kARSk
question to mentally unwell anons, is it fine for you to listen to something like that or does it make you want to kill yourself, genuine question

[Anonymous No.49654208]

>>49653830
i-im not s-scared
(im absolutely beyond terrified)

[Anonymous No.49654384]

Would you buy this chart? Be honest with me

[Anonymous No.49654408]

>>49653830
Hmm. This actually does bring unwell thoughts. Interesting.

[Anonymous No.49654955]

>>49654208
Don’t you have a dApp to build, scammer?

>>49653830
This makes me feel irritable I would never sit here and listen to music like this . Instead I like songs like this https://youtu.be/nMybE4Ge6hM
I hope you like it

[Anonymous No.49655132]

kadena is no longer babena

[Anonymous No.49655452]

>>49653563
i mean
>>>/g/87358893
>>49654955
c-cant find the motivation to do anything wen humans are in replaced +3 years

[Anonymous No.49655554]

>>49655132
I hope Kaddex gets exploited
I hope Pact never goes anywhere due to security flaws and impracticality
I hope Marmalade never gets launched
I hope $KDA keeps crashing into obscurity so I can an hero in peace

[Anonymous No.49655748]

>>49655554
Kowaii